BT Brands (NASDAQ:BTBD) Releases Quarterly Earnings Results

BT Brands (NASDAQ:BTBD) posted its earnings results on Thursday. The company reported ($0.12) earnings per share (EPS) for the quarter, Zacks reports. BT Brands had a negative return on equity of 9.97% and a negative net margin of 5.10%.

BT Brands Price Performance

BTBD stock remained flat at $1.11 during mid-day trading on Thursday. The company’s stock had a trading volume of 52,721 shares, compared to its average volume of 345,699. The company has a 50-day moving average price of $1.66 and a two-hundred day moving average price of $1.54. BT Brands has a 1-year low of $1.00 and a 1-year high of $5.60. The stock has a market capitalization of $6.83 million, a P/E ratio of -11.10 and a beta of 0.66. The company has a quick ratio of 4.18, a current ratio of 4.84 and a debt-to-equity ratio of 0.30.

Analysts Set New Price Targets

Several research firms have commented on BTBD. Weiss Ratings cut shares of BT Brands from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, May 6th. Wall Street Zen upgraded shares of BT Brands to a “sell” rating in a research report on Saturday, May 2nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

Institutional Investors Weigh In On BT Brands

An institutional investor recently raised its position in BT Brands stock. DRW Securities LLC increased its position in BT Brands, Inc. (NASDAQ:BTBD) by 758.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 126,396 shares of the company’s stock after buying an additional 111,679 shares during the quarter. DRW Securities LLC owned 2.06% of BT Brands worth $176,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 0.44% of the stock is currently owned by hedge funds and other institutional investors.

BT Brands Company Profile

BT Brands, Inc owns and operates fast-food restaurants in the north central region of United States. The company operates Burger Time restaurants located in Minnesota, North Dakota, and South Dakota; and a Dairy Queen franchise in Ham Lake, Minnesota. Its Burger Time restaurants provide various burgers and other food products, such as chicken sandwiches, pulled pork sandwiches, chicken chunks, side dishes, and soft drinks; and Dairy Queen restaurant offers burgers, chicken, sides, ice cream and other desserts, and various beverages.